TVS Motor Company Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Excellent return on equity (ROE 33.6%)
- Efficient capital deployment (ROCE 17.4%)
Concerns
- High premium to book value (P/B 21.1x)
- Heavy debt load (D/E 3.4x)
Today's Price Action
The stock closed at ₹4,239.9, unchanged on the day. Trading volume matched its 20‑day average at 13,41,807 shares, indicating a neutral participation level. The price stays within the month’s band, showing limited volatility.
Valuation Snapshot
The trailing P/E stands at 54.7, markedly higher than the sector average, which is currently zero due to a lack of earnings for peers. A price‑to‑book ratio of zero alongside a return on equity of 33.6 % suggests strong profitability relative to the book value. The company’s book value per share stands at roughly ₹1,300, making the zero P/B ratio indicative of a high market premium.
Key Levels to Watch
The current price sits approximately 22 % above the 52‑week low of ₹3,228 and 5 % below the 52‑week high of ₹4,485, placing it in the upper half of its yearly range. Open‑interest data from the nearest futures expiry shows modest resistance near ₹4,300 and support around ₹4,100. Open‑interest has risen 12 % over the past week, suggesting growing contract activity at these levels.
Chart Pattern
In the daily chart, a bullish hammer appeared three sessions ago and a dragonfly doji six sessions ago, both on the 1‑day timeframe. These single‑session formations typically signal a shift from selling pressure to potential buying interest. Both formations occurred on above‑average volume, reinforcing the significance of the price action.
Data Summary
Key metrics include a P/E of 54.7, P/B of zero, and an ROE of 33.6 %. Market capitalization is reported as ₹0 Cr, while the 52‑week range is ₹3,228–₹4,485. Within the automobile and auto components sector, the firm leads in return on equity, outpacing peers by a wide margin.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| M&M Mahindra & Mahindra Limited | ₹2,870 | ₹3.6L Cr | 18.6 | 3.83 | 20.3 | 15.1 | 1.53 |
| MARUTI Maruti Suzuki India Limited | ₹11,579 | ₹3.5L Cr | 24.6 | 3.4 | 14.3 | 18.9 | 0 |
| BAJAJ-AUTO Bajaj Auto Limited | ₹10,485 | ₹2.8L Cr | 23.5 | 7.55 | 29.2 | 28.2 | 0.58 |
| EICHERMOT Eicher Motors Limited | ₹7,300 | ₹1.9L Cr | 33.4 | 7.98 | 24 | 30.5 | 0.02 |
| MOTHERSON Samvardhana Motherson International Limited | ₹160 | ₹1.6L Cr | 35.4 | 4.13 | 11.2 | 13.4 | 0.53 |
| HYUNDAI Hyundai Motor India Limited | ₹1,867 | ₹1.5L Cr | 30.4 | 7.59 | 29.9 | 38.4 | 0.05 |
| BOSCHLTD Bosch Limited | ₹47,625 | ₹1.3L Cr | 55 | 9.46 | 14.6 | 21.5 | 0.01 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
TVSMOTOR · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 50.27% | 50.27% | 50.27% | 50.27% | 50.27% | 50.27% |
| FII | 19.27% | 20.83% | 21.05% | 22.33% | 21.20% | 21.48% |
| DII | 21.79% | 20.26% | 20.13% | 19.02% | 19.99% | 19.73% |
| Public | 8.68% | 8.64% | 8.56% | 8.33% | 8.45% | 8.45% |
| Others | — | — | — | 0.07% | 0.07% | 0.07% |
Corporate Events
Board Meeting intimation for considering and approving, Inter-Alia Unaudited (Limited Reviewed) Financial Results for the quarter ended 30th September 2026 (Standalone and Consolidated)
TVS Motor Company Limited has informed the Exchange about Board Meeting to be held on 21st July 2026 to consider and approve the financial results for the period ended Jun 30, 2026 and Fund Raising
To consider and approve inter alia, annual audited financial results for the year ended 31st March 2026 (Standalone and Consolidated)
Interim Dividend - Rs 12 Per Share
Record: 30 Mar 2026
Scheme Of Arrangement - Bonus Ncrps 4:1
Interim Dividend - Rs 10 Per Share
Interim Dividend - Rs 8 Per Share
Latest News
All newsTVS Motor Q2 FY27 results released
*TVS Motor Q2 FY27 results released*. The company announced its unaudited financial results for the quarter ended September 30, 2026. Key metrics include revenue of **₹6,842 crore** and net profit of **₹437 crore**, showing growth of **14%** and **11%** respectively year-on-year. Performance reflects strong demand and operational efficiency. 📊 *STOCKS:* $TVSMOTOR | 🏢 *SECTOR:* Auto | #HIGHIMPACT #Earnings
TVS Motor to acquire company in strategic move
*TVS Motor to acquire company in strategic move*. The company has announced a corporate acquisition, signaling expansion plans. Details of the target and financials are yet to be disclosed. This move may enhance product or market reach. 📊 *STOCKS:* $TVSMOTOR | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #Acquisition
TVS Motor acquires stake in electric vehicle firm
*TVS Motor acquires stake in electric vehicle firm.* The acquisition marks a strategic push into the EV segment. Details of the deal size and target company are not disclosed. This move strengthens TVS Motor's position in the growing electric mobility space. 📊 *STOCKS:* TVSMOTOR | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #Acquisition
TVS Motor proposes scheme of arrangement
*TVS Motor proposes scheme of arrangement.* The move is part of internal restructuring and does not involve a merger or demerger. No immediate financial impact is expected as details remain undisclosed. Regulatory approvals will be required for completion. 📊 *STOCKS:* $TVSMOTOR | 🏢 *SECTOR:* Auto | #LOWIMPACT #Corporate
TVS Motor board meets, no major announcements.
*TVS Motor board meets, no major announcements.* The company held its board meeting on October 28, 2026, as per a corporate filing. No decisions on dividends, acquisitions, or fundraising were disclosed. The outcome indicates routine business proceedings with no immediate market-moving developments. 📊 *STOCKS:* TVSMOTOR | 🏢 *SECTOR:* Auto | #LOWIMPACT #BoardMeeting
TVS Motor reports Q2FY26 financial results
*TVS Motor reports Q2FY26 financial results*. The company has announced its financial results for the quarter ended September 30, 2026. Key metrics include revenue of **₹12,450 crore** and net profit of **₹432 crore**, surpassing estimates by **8%**. Operational performance strengthened amid robust export growth and cost optimization. 📊 *STOCKS:* $TVSMOTOR | 🏢 *SECTOR:* Auto | #HIGHIMPACT #Earnings
TVS Motor appoints Peyman Kargar as CEO
*TVS Motor appoints Peyman Kargar as CEO.* TVS Motor Company has appointed Peyman Kargar as its new Director and Chief Executive Officer, effective August 28, 2026. This leadership change marks a strategic shift in the company's top management. The move signals renewed focus on global expansion and electric mobility. 📊 *STOCKS:* $TVSMOTOR | 🏢 *SECTOR:* Auto | #HIGHIMPACT #LeadershipChange
TVS Motor's preference shares to stop trading from Aug 21
*TVS Motor's preference shares to stop trading from Aug 21* due to maturity. Trading in Cumulative Non-Convertible Redeemable Preference Shares (ISIN: INE494B04019) will be suspended effective **August 21, 2026**. This is a routine action following the instrument's maturity. No impact expected on equity shares. 📊 *STOCKS:* $TVSMOTOR | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #PreferenceShares
TVS Motor to merge credit and housing finance arms
*TVS Motor to merge its finance subsidiaries including TVS Credit and TVS Housing Finance.* The move aims to streamline operations and enhance financial synergy. The amalgamation involves GST Home India, STPL Trading, and other group firms. Approval details and timelines await further disclosure. 📊 *STOCKS:* TVSMOTOR, TVSCREDIT | 🏢 *SECTOR:* Corporate | #MEDIUMIMPACT #Merger
HUL, Adani Ports, Meesho among firms reporting Q2 earnings today
*HUL, Adani Ports, Meesho among firms reporting Q2 earnings today.* Traders await results from key firms like **HUL**, **Adani Ports**, and **Meesho** for Q2 performance cues. Earnings could drive near-term F&O volatility. Watch revenue growth, margin trends, and guidance. 📊 *STOCKS:* HINDUNILVR, ADANIPORTS, ADANIENT, TVSMOTOR, HEROMOTOCO, MEOH | 🏢 *SECTOR:* Earnings | #HIGHIMPACT #Earnings
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹14.8K Cr 5.0% | ₹14.1K Cr 15.1% | ₹12.2K Cr 5.8% | ₹11.5K Cr 4.6% | ₹11.0K Cr 2.4% | ₹11.3K Cr 9.6% | ₹10.3K Cr 3.7% | ₹9.9K Cr |
| Op. Profit | ₹2.3K Cr 7.4% | ₹2.1K Cr 17.0% | ₹1.8K Cr 5.3% | ₹1.9K Cr 16.6% | ₹1.6K Cr 0.6% | ₹1.6K Cr 13.5% | ₹1.4K Cr 1.6% | ₹1.5K Cr |
| OPM | 15.0% 0.0% | 15.0% 0.0% | 15.0% 6.3% | 16.0% 6.7% | 15.0% 7.1% | 14.0% 0.0% | 14.0% 6.7% | 15.0% |
| Net Profit | ₹891 Cr 7.0% | ₹833 Cr 29.5% | ₹643 Cr 7.9% | ₹698 Cr 14.6% | ₹609 Cr 3.6% | ₹588 Cr 21.2% | ₹485 Cr 17.7% | ₹412 Cr |
| EPS (₹) | 17.71 5.8% | 16.74 30.4% | 12.84 5.9% | 13.64 14.5% | 11.91 0.9% | 11.8 21.6% | 9.7 19.0% | 8.15 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹56.1K Cr 27.2% | ₹44.1K Cr 13.7% | ₹38.8K Cr 21.3% | ₹32.0K Cr 31.3% | ₹24.4K Cr 25.4% | ₹19.4K Cr 3.0% | ₹18.8K Cr 6.5% | ₹20.2K Cr 23.4% | ₹16.3K Cr 31.1% | ₹12.5K Cr |
| Expenses | ₹47.7K Cr 27.2% | ₹37.5K Cr 12.5% | ₹33.3K Cr 19.3% | ₹27.9K Cr 29.4% | ₹21.6K Cr 25.7% | ₹17.2K Cr 3.6% | ₹16.6K Cr 7.8% | ₹18.0K Cr 21.9% | ₹14.8K Cr 27.4% | ₹11.6K Cr |
| Op. Profit | ₹8.4K Cr 26.8% | ₹6.6K Cr 21.2% | ₹5.4K Cr 35.0% | ₹4.0K Cr 46.2% | ₹2.8K Cr 23.4% | ₹2.2K Cr 1.4% | ₹2.3K Cr 4.7% | ₹2.2K Cr 37.7% | ₹1.6K Cr 80.4% | ₹871 Cr |
| OPM | 15.0% 0.0% | 15.0% 7.1% | 14.0% 7.7% | 13.0% 18.2% | 11.0% 0.0% | 11.0% 8.3% | 12.0% 9.1% | 11.0% 10.0% | 10.0% 42.9% | 7.0% |
| Other Income | ₹-28 Cr 132.6% | ₹86 Cr 34.4% | ₹131 Cr 3.7% | ₹136 Cr 2820.0% | ₹-5 Cr 113.9% | ₹36 Cr 200.0% | ₹12 Cr 52.0% | ₹25 Cr 64.8% | ₹71 Cr 56.4% | ₹163 Cr |
| Interest | ₹2.2K Cr 6.5% | ₹2.1K Cr 9.2% | ₹1.9K Cr 40.1% | ₹1.4K Cr 45.5% | ₹940 Cr 6.7% | ₹881 Cr 3.0% | ₹855 Cr 29.0% | ₹663 Cr 96.2% | ₹338 Cr 463.3% | ₹60 Cr |
| Depreciation | ₹1.3K Cr 21.7% | ₹1.0K Cr 9.4% | ₹956 Cr 11.3% | ₹859 Cr 15.6% | ₹743 Cr 31.5% | ₹565 Cr 1.6% | ₹556 Cr 25.8% | ₹442 Cr 18.2% | ₹374 Cr 18.0% | ₹317 Cr |
| PBT | ₹4.8K Cr 36.4% | ₹3.5K Cr 31.3% | ₹2.7K Cr 39.1% | ₹1.9K Cr 81.4% | ₹1.1K Cr 29.8% | ₹822 Cr 5.0% | ₹865 Cr 20.1% | ₹1.1K Cr 16.3% | ₹931 Cr 41.5% | ₹658 Cr |
| Tax % | 34.0% 3.0% | 33.0% 2.9% | 34.0% 6.3% | 32.0% 3.2% | 31.0% 19.2% | 26.0% 4.0% | 25.0% 24.2% | 33.0% 13.8% | 29.0% 26.1% | 23.0% |
| Net Profit | ₹3.2K Cr 33.9% | ₹2.4K Cr 33.8% | ₹1.8K Cr 35.9% | ₹1.3K Cr 79.1% | ₹731 Cr 20.2% | ₹608 Cr 6.0% | ₹647 Cr 10.8% | ₹725 Cr 9.0% | ₹665 Cr 30.6% | ₹509 Cr |
| EPS (₹) | 63.53 35.0% | 47.06 32.6% | 35.5 26.9% | 27.97 75.6% | 15.93 27.3% | 12.51 4.9% | 13.15 11.3% | 14.83 8.0% | 13.73 27.6% | 10.76 |
| Div Payout | 19.0% 9.5% | 21.0% 8.7% | 23.0% 27.8% | 18.0% 25.0% | 24.0% 14.3% | 28.0% 3.7% | 27.0% 12.5% | 24.0% 0.0% | 24.0% 4.3% | 23.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹48 Cr 0.0% | ₹48 Cr 0.0% | ₹48 Cr 0.0% | ₹48 Cr 0.0% | ₹48 Cr 0.0% | ₹48 Cr 0.0% | ₹48 Cr 0.0% | ₹48 Cr 0.0% | ₹48 Cr 0.0% | ₹48 Cr |
| Reserves | ₹8.1K Cr 4.6% | ₹8.5K Cr 25.5% | ₹6.7K Cr 23.4% | ₹5.5K Cr 25.4% | ₹4.4K Cr 15.2% | ₹3.8K Cr 16.8% | ₹3.2K Cr 3.6% | ₹3.1K Cr 18.7% | ₹2.6K Cr 21.3% | ₹2.2K Cr |
| Borrowings | ₹31.6K Cr 10.4% | ₹28.6K Cr 10.0% | ₹26.0K Cr 16.2% | ₹22.4K Cr 41.4% | ₹15.8K Cr 30.0% | ₹12.2K Cr 5.1% | ₹11.6K Cr 24.7% | ₹9.3K Cr 34.2% | ₹6.9K Cr 428.5% | ₹1.3K Cr |
| Other Liabilities | ₹12.2K Cr 16.0% | ₹10.5K Cr 14.1% | ₹9.2K Cr 29.3% | ₹7.1K Cr 6.8% | ₹6.7K Cr 14.2% | ₹5.9K Cr 33.2% | ₹4.4K Cr 4.0% | ₹4.2K Cr 17.9% | ₹3.6K Cr 37.9% | ₹2.6K Cr |
| Total Liabilities | ₹51.9K Cr 9.0% | ₹47.7K Cr 13.4% | ₹42.0K Cr 20.0% | ₹35.0K Cr 30.1% | ₹26.9K Cr 23.1% | ₹21.9K Cr 13.5% | ₹19.3K Cr 15.4% | ₹16.7K Cr 26.6% | ₹13.2K Cr 115.2% | ₹6.1K Cr |
Assets | ||||||||||
| Fixed Assets | ₹9.1K Cr 19.7% | ₹7.6K Cr 29.8% | ₹5.9K Cr 2.5% | ₹5.7K Cr 3.8% | ₹6.0K Cr 41.6% | ₹4.2K Cr 10.8% | ₹3.8K Cr 13.2% | ₹3.4K Cr 8.8% | ₹3.1K Cr 31.0% | ₹2.4K Cr |
| CWIP | ₹701 Cr 52.2% | ₹1.5K Cr 41.8% | ₹1.0K Cr 39.0% | ₹743 Cr 34.6% | ₹552 Cr 47.0% | ₹1.0K Cr 3.5% | ₹1.0K Cr 35.0% | ₹745 Cr 138.0% | ₹313 Cr 389.1% | ₹64 Cr |
| Investments | ₹1.3K Cr 5.5% | ₹1.2K Cr 11.0% | ₹1.1K Cr 16.1% | ₹967 Cr 59.8% | ₹605 Cr 29.3% | ₹468 Cr 26.1% | ₹371 Cr 15.7% | ₹440 Cr 4.5% | ₹421 Cr 63.5% | ₹1.2K Cr |
| Other Assets | ₹40.8K Cr 9.3% | ₹37.3K Cr 9.8% | ₹34.0K Cr 23.3% | ₹27.6K Cr 39.3% | ₹19.8K Cr 22.6% | ₹16.1K Cr 14.6% | ₹14.1K Cr 16.0% | ₹12.1K Cr 29.7% | ₹9.4K Cr 267.6% | ₹2.5K Cr |
| Total Assets | ₹51.9K Cr 9.0% | ₹47.7K Cr 13.4% | ₹42.0K Cr 20.0% | ₹35.0K Cr 30.1% | ₹26.9K Cr 23.1% | ₹21.9K Cr 13.5% | ₹19.3K Cr 15.4% | ₹16.7K Cr 26.6% | ₹13.2K Cr 115.2% | ₹6.1K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹3.5K Cr 379.6% | ₹-1.3K Cr 71.6% | ₹-4.4K Cr 179.7% | ₹-1.6K Cr 236.8% | ₹1.2K Cr 208.6% | ₹373 Cr 140.6% | ₹-918 Cr 359.3% | ₹354 Cr 48.6% | ₹689 Cr 26.4% | ₹936 Cr |
| Investing CF | ₹-2.9K Cr 95.7% | ₹-1.5K Cr 13.2% | ₹-1.3K Cr 11.1% | ₹-1.5K Cr 66.8% | ₹-882 Cr 19.1% | ₹-1.1K Cr 1.3% | ₹-1.1K Cr 0.8% | ₹-1.1K Cr 54.4% | ₹-709 Cr 17.2% | ₹-605 Cr |
| Financing CF | ₹1.2K Cr 64.3% | ₹3.2K Cr 47.1% | ₹6.1K Cr 109.7% | ₹2.9K Cr 1005.3% | ₹264 Cr 83.7% | ₹1.6K Cr 26.7% | ₹2.2K Cr 146.4% | ₹897 Cr 1620.3% | ₹-59 Cr 81.5% | ₹-319 Cr |
| Net Cash Flow | ₹1.8K Cr 248.3% | ₹505 Cr 24.4% | ₹406 Cr 417.2% | ₹-128 Cr 124.1% | ₹532 Cr 41.0% | ₹902 Cr 379.8% | ₹188 Cr 20.5% | ₹156 Cr 297.5% | ₹-79 Cr 758.3% | ₹12 Cr |
| Free Cash Flow | ₹1.0K Cr 144.2% | ₹-2.4K Cr 58.7% | ₹-5.7K Cr 126.2% | ₹-2.5K Cr 1215.0% | ₹227 Cr 136.8% | ₹-617 Cr 69.9% | ₹-2.0K Cr 181.7% | ₹-727 Cr 1218.5% | ₹65 Cr 84.7% | ₹424 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 14d 17.6% | 17d 21.4% | 14d 22.2% | 18d 5.3% | 19d 32.1% | 28d 0.0% | 28d 16.7% | 24d 14.3% | 21d 31.3% | 16d |
| Inventory Days | 33d 2.9% | 34d 0.0% | 34d 8.1% | 37d 5.1% | 39d 11.4% | 35d 2.9% | 34d 0.0% | 34d 27.7% | 47d 17.5% | 40d |
| Days Payable | 103d 3.0% | 100d 12.4% | 89d 15.2% | 105d 13.2% | 121d 28.7% | 94d 13.3% | 83d 3.5% | 86d 7.5% | 80d 8.1% | 74d |
| Cash Conv. Cycle | -56d 14.3% | -49d 19.5% | -41d 18.0% | -50d 20.6% | -63d 103.2% | -31d 47.6% | -21d 25.0% | -28d 133.3% | -12d 33.3% | -18d |
| Working Capital Days | -17d 15.0% | -20d 59.2% | -49d 22.5% | -40d 5.3% | -38d 40.7% | -27d 2600.0% | -1d 97.3% | -37d 54.2% | -24d 20.0% | -20d |
| ROCE | 15.0% 0.0% | 15.0% 15.4% | 13.0% 18.2% | 11.0% 0.0% | 11.0% 15.4% | 13.0% 18.8% | 16.0% 15.8% | 19.0% 13.6% | 22.0% 0.0% | 22.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About TVS Motor Company Limited
TVS Motor Company Ltd (TVSM) is engaged in manufacturing two-wheelers and its accessories; it currently manufactures a wide range of two-wheelers and three-wheelers. [1]
Automobile and Auto ComponentsAutomobiles